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Subtracting interest on EE Bond that was reported last year.
I had an EE Bond mature in 2021 but was cashed in 2022. According to Treasury Direct, the interest on EE Bonds should be reported the year the bond matured. Therefore, I amended my 2021 return to include the interest on the bond. The bank I cashed the bond at sent me a 1099 for 2022. Since I already paid taxes on the interest, how do I make a subtraction on my 2022 tax return?
‎February 25, 2023
6:29 PM